This is a new for old replacement designed to cover vessels into the multi-millions
SECTION 1. Loss of or damage to your vessel
Hull, Machinery, Materials, Equipment etc., including everything connected therewith nothing excluded including Tenders, Dinghies, Outboards, Windsurfers, Personal Watercraft, Diving Gear, Mopeds etc. and Personal Effects.
- New for old replacement
- Accidental damage
- Storm damage
- Malicious damage
- Repairers negligence
- Machinery breakdown
SECTION 2. Third Party Liability
We cover you and other skippers of the vessel against legal liability for:
- Accidental death or bodily injury to a person other than you.
- Accidental damage to other people’s property.
- Berth holders liability
- Property damage caused by or directly arising from sudden accidental discharge of pollutants caused by the vessel.
- Liability cover included on personal watercraft and any such similar craft
SECTION 3. Medical Payments
Cover for each person who sustains bodily injury or loss of life while on, boarding or leaving the yacht.
- Medical payments including surgical, ambulance, hospital and professional nursing services
- Funeral expenseses
SECTION 4. Policy Features
- Business entertainment
- Private pleasure purposes
- Exhibited at a recognised boat show Warranted owner/owner’s permanent skipper in charge.
- Cover for failure in the working mechanism of machinery or electrical machinery and their connections which causes ceasure or to function properly.
- We pay the reasonable cost of inspecting the bottom of the vessel after grounding. If no damage is found, no excess will apply.
- Towing to the nearest place where necessary repairs can be made
- Delivery of gas, oil, parts or loaned battery or emergency labour, while away from safe harbour. No excess applies to this cover.